Question: Just really need some help on this! I will rate! Mnay thanks and God bless!!! On July 1, 2018, Mason & Beech Services issued $40,000

Just really need some help on this! I will rate! Mnay thanksand God bless!!! On July 1, 2018, Mason & Beech Services issuedJust really need some help on this!

I will rate!

Mnay thanks and God bless!!!

On July 1, 2018, Mason & Beech Services issued $40,000 of 7% bonds that mature in five years. They were issued at par. The bonds pay semiannual interest payments on June 30 and December 31 of each year. On December 31, 2018, what is the total amount paid to bondholders? O A. $2,800 O B. $1,400 O C. $933 OD. $700 The balance in the Bonds Payable is a credit of $69.000. The balance in the Premium on Bonds Payable is a credit of $1,600. What is the bond carrying amount? O A. $70,600 O B. $1,600 O C. $67,400 OD. $69,000

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